£190,030
This estimated value is based upon the latest sale price for the house of £115,000 on 8 Mar 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £115,000 | 8 Mar 2013 |
| £115,000 | 8 Mar 2013 |
| Terraced |
| Leasehold |
| Floor Area: 61 sq meters or 658 sq feet |
This model uses changes in the Official Land Registry House Price Index for TYNE AND WEAR to estimate the market value.
When this house was purchased in March 2013 the House Price Index for TYNE AND WEAR was 88.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 65.244%.Applying this 65.244% change to the original purchase price of £115,000 results in an estimated price of approximately £190,030.
| 8 Mar 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 146.7 | 65.244 % | £115,000 | £75,030 | £190,030 |
The Postcode Pricing Model uses changes in average sales price within the NE37 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -42.401 % | £-48,761 | £66,238 |
| 3 Month Average | -53.613 % | £-61,654 | £53,345 |
| 6 Month Average | -14.777 % | £-16,993 | £98,006 |
This house has a floor area of 61 sq meters or 658 sq feet when measured on 5 Dec 2011.
The average size of a house on WESTERNMOOR is 92 sq meters (994 sq feet).
This house is the smallest in the street with a floor area of 61 sq meters (658 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pipershaw |
| Mar 2024 | Vehicle crime | Under investigation | On or near Westernmoor |
| Mar 2024 | Vehicle crime | Under investigation | On or near Westernmoor |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Westernmoor |
| Feb 2024 | Public order | Under investigation | On or near Knoulberry |